First Majestic Mining News

Workers block access to First Majestic’s La Encantada mine in Mexico

Company said blockade was in response to a recently announced bonus offer in lieu of profit sharing.

First Majestic hits fresh silver production record, revenue jumps 78 pct

Output of the precious metal in the three months to Sep. 30 increased 20% to 3.1 million ounces — a new quarterly record.

First Majestic Silver swings back to profit in Q2

The Mexico-focused miner has benefitted from an ongoing silver rally and even more so than many of its peers, as it chose not to diversify into other metals.

First Majestic completes acquisition of Silvermex Resources

Under the arrangement, First Majestic has acquired all of the issued and outstanding common shares of Silvermex. Shareholders of Silvermex will receive 0.0355 First Majestic shares and CDN$0.0001 for each held share of Silvermex.

Hu's on first but what's on second?

Jittery investors sold in earnest this week on speculation that China is going on some kind of austerity kick, destined no doubt to wreak havoc on the civilized world.